SXP good reaction at weekly demand Long

SXP / TetherUSBinance

Description

⋅ Feb 16, 2021 10:52 AM

SXP / USDT

Good reaction at weekly support
We bought on the retest between 1.8$ -2$ (second signal)
First signal was when price around 0.8$

If the weekly candle will close like that will be extremely Bullish toward 3$ and 5$

Invalidation : 1D close below 1.7$

Good luck

Comments

Mihai_Iacob

⋅ Feb 17, 2021 5:35 AM

Nice one!
Thanks for sharing

ProjectSyndicate

⋅ Feb 16, 2021 7:53 PM

perfect perfect. great risk:reward in this trade setup. all the best!

Babenski

⋅ Feb 16, 2021 9:00 PM

@ProjectSyndicate thanks sir 😉

mamootino

⋅ Feb 16, 2021 7:51 PM

Thanks for sharing sir . Im holder of SXP but I think because of BTC.D pattern ( which will go up to 64 in my opinion ) SXP will touch support zone again (another buy opportunity) .

Babenski

⋅ Feb 16, 2021 9:00 PM

@mamootino yes may be lets see what will happen with BTC

Floridian2022

⋅ Feb 16, 2021 6:57 PM

Thank you sir

Babenski

⋅ Feb 16, 2021 7:05 PM

@Floridian2022, welcome

caldooninvestment

⋅ Feb 16, 2021 3:03 PM

Great job! Very interesting

Babenski

⋅ Feb 16, 2021 7:05 PM

@caldooninvestment, thanks

P_S_trade

⋅ Feb 16, 2021 1:16 PM

Nice pattern